First Solar (FSLR) Stock Price, News & Analysis

Company Overview

First Solar, Inc. is a renewable energy technology company that designs and manufactures photovoltaic (PV) solar modules. Unlike conventional crystalline-silicon panels, its modules use thin-film semiconductor technology based on cadmium telluride (CdTe). The company also provides supporting services, including project development, engineering, procurement and construction support, operations and maintenance, and module recycling.

First Solar primarily serves utility-scale solar developers, system owners and operators, commercial customers, and government entities. Its modules are used in large solar power projects, and the company emphasizes a vertically integrated manufacturing model that includes research and development, semiconductor production, module assembly, and recycling. First Solar has manufacturing and business operations in the United States and internationally, serving markets across North America, Europe, India, Asia-Pacific, and other regions.

Founded in 1999 and headquartered in Tempe, Arizona, First Solar has expanded from a specialist in thin-film solar technology into one of the world’s major solar module manufacturers. The company operates research and development facilities, including its technology center in Ohio, and has historically invested in manufacturing capacity in the United States, Malaysia, Vietnam, and India. Mark Widmar has served as First Solar’s chief executive officer since 2016.

Key Stats

• Today's Range: $202.49 to $220.98
• 50-Day Range: $199.31 to $250.05
• 52-Week Range: $182.99 to $320.95
• Volume: 3.46 million shs
• Average Volume: 1.80 million shs
• Market Capitalization: $21.82 billion
• P/E Ratio: 12.52
• Dividend Yield: N/A
• Price Target: $266.06
• Consensus Rating: Moderate Buy

First Solar Stock Analysis - MarketRank™

First Solar scored higher than 97% of companies evaluated by MarketBeat, and ranked 36th out of 593 stocks in the technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Solar has received a consensus rating of Moderate Buy. The company's average rating score is 2.59, and is based on 1 strong buy rating, 22 buy ratings, 12 hold ratings, and 2 sell ratings.

Upside Potential

First Solar has a consensus price target of $266.06, representing about 31.0% upside from its current price of $203.10.

Amount of Analyst Coverage

First Solar has been the subject of 23 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 34.95%

Earnings Growth

Earnings for First Solar are expected to grow by 34.95% in the coming year, from $17.77 to $23.98 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Solar is 12.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Solar is 12.52, which means that it is trading at a less expensive P/E ratio than the Technology sector average P/E ratio of about 75.95.

Price to Earnings Growth Ratio

First Solar has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

First Solar has a P/B Ratio of 2.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.11% of the float of First Solar has been sold short.

Short Interest Ratio / Days to Cover

First Solar has a short interest ratio ("days to cover") of 2.99, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Solar has recently decreased by 4.77%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

First Solar does not currently pay a dividend.

Dividend Growth

First Solar does not have a long track record of dividend growth.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.60

News Sentiment

First Solar has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.71 average news sentiment score of Technology companies.

News Coverage This Week

MarketBeat has tracked 20 news articles for First Solar this week, compared to 11 articles on an average week.

Search Interest

Only 34 people have searched for FSLR on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

21 people have added First Solar to their MarketBeat watchlist in the last 30 days. This is an increase of 110% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First Solar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,617,086.00 in company stock.

Percentage Held by Insiders

0.39% of the stock of First Solar is held by insiders.

Percentage Held by Institutions

92.08% of the stock of First Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 7/30/2026
• Today: 9/09/2026
• Next Earnings (Estimated): 10/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Technology
• Industry: Semiconductors & Semiconductor Equipment
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:FSLR
• CIK: 1274494
• Web: www.firstsolar.com
• Phone: (602) 414-9300
• Fax: 602-414-9400
• Employees: 7,900
• Year Founded: 1999

Price Target and Rating

• Average Price Target for First Solar: $266.06
• High Price Target: $330.00
• Low Price Target: $150.00
• Potential Upside/Downside: +31.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.59
• Research Coverage: 37 Analysts

Profitability

• EPS (Trailing Twelve Months): $16.22
• Trailing P/E Ratio: 12.52
• Forward P/E Ratio: 11.43
• P/E Growth: 0.57
• Net Income: $1.53 billion
• Net Margins: 32.47%
• Pretax Margin: 33.94%
• Return on Equity: 18.02%
• Return on Assets: 13.05%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.52
• Quick Ratio: 2.00

Sales & Book Value

• Annual Sales: $5.22 billion
• Price / Sales: 4.18
• Cash Flow: $18.26 per share
• Price / Cash Flow: 11.12
• Book Value: $88.88 per share
• Price / Book: 2.29

Miscellaneous

• Outstanding Shares: 107,450,000
• Free Float: 107,034,000
• Market Cap: $21.82 billion
• Optionable: Optionable
• Beta: 1.74